【SMM Aluminum Spot Market Noon Review: Weekend aluminum ingot inventory accumulation, Shanghai aluminum main contract mainly fluctuates downward】SMM News on January 29th: The main contract of Shanghai aluminum fluctuated downward in the morning. Today, traders in the East China region were active, mainly with holding merchants shipping, but downstream just-in-time procurement was dominant, and the spot aluminum transactions were moderate. According to SMM statistics, the aluminum ingot inventory in Wuxi area (excluding Hangzhou, Changzhou, Haian, etc.) was 112,800 tons, an increase of 7,100 tons from the previous trading day. The import window has been closed, and the subsequent supply of imported goods may decrease. Today, SMM A00 aluminum price for the 2402 contract increased by about 20 yuan/ton compared to the previous trading day...
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